Utility Regulation

September 19, 2017 //

The social network platforms and global technology companies are under increasing public scrutiny as a result of their power, secrecy and intrinsic arrogance. Inevitably, they are designed to empower individuals and communities for good or evil.

The potential for abuse and some recent examples of damage to social good and the body politic may eventually culminate in government oversight and legal accountability.

Are they likely to be regulated as 21st Century utilities?

Time will tell but certainly the “Do No Evil” mantra is now being challenged by a social and political skepticism calling for a greater hands-on “Trust but Verify” future.